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Bringing the unemployed back to work in Germany: training programs or wage subsidies?
- Source :
-
International Journal of Manpower . 2012, Vol. 33 Issue 2, p159-177. 19p. - Publication Year :
- 2012
-
Abstract
- Purpose – The purpose of this paper is to theoretically and empirically investigate the relative effects of wage subsidies and further vocational training on employment prospects. Design/methodology/approach – The paper adopts a theoretical approach that discusses the effects of two major active labor market programs; empirical test using a large administrative data set from Germany and statistical matching techniques. Findings – Previously subsidized individuals and trained individuals who found a job immediately afterwards have the same employment rates. Practical implications – Firms value training on a subsidized job as much as formal training programs. Originality/value – The paper presents a model that draws attention to the role of hiring decisions of firms and to the formation of human capital by training programs and by training on subsidized jobs; estimation of relative average treatment effects on the differentially treated, i.e. participants of two active labor market programs; and comparisons not only of all unemployed but also of unemployed persons taking-up or keeping a job after program end. [ABSTRACT FROM AUTHOR]
- Subjects :
- *UNEMPLOYMENT
*LABOR market
*EMPLOYMENT subsidies
*OCCUPATIONAL training
*EMPLOYMENT
Subjects
Details
- Language :
- English
- ISSN :
- 01437720
- Volume :
- 33
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- International Journal of Manpower
- Publication Type :
- Academic Journal
- Accession number :
- 75125329
- Full Text :
- https://doi.org/10.1108/01437721211225417